McCook Pantry Inc

Analysis

McCook Pantry Inc is a registered charity in United States, based in McCook, NE. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, McCook Pantry Inc reported income of $72k and spending of $48k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $72k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McCook Pantry Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within NE. Charities of a similar size with the same main cause include Hunlock Creek Volunteer Fire Company ($72k), Matthew 25 Ministries ($72k) and Dedham Education Foundation Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.